Navi Nifty Midcap 150 Index Fund
The scheme seeks to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error.
Growthvine rating: 4/5 — ranked #31 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹18.75 (as of 2026-10-23) |
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| AUM | ₹408 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Rushabh Patel |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.41 |
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| Standard deviation | 18.53% |
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| Max drawdown | −21.24% |
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| Alpha | -1.22 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 5.8% |
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| Mid cap | 91.7% |
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| Small cap | 2.6% |
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Concentration
| Top 5 holdings | 9.4% |
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| Top 10 holdings | 16.8% |
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| Total holdings | 149 |
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Top holdings
- Multi Commodity Exchange of India Ltd — 2.1%
- Federal Bank Ltd. — 1.9%
- Laurus Labs Limited — 1.9%
- One 97 Communications Limited — 1.8%
- Hero MotoCorp Limited — 1.7%
- Indian Hotels Co. Ltd — 1.6%
- COFORGE LIMITED — 1.5%
- Bharat Heavy Electricals Ltd. — 1.5%
- IndusInd Bank Ltd. — 1.5%
- AU Small Finance Bank Limited — 1.5%
Top sectors
- Banking & Financial — 13.4%
- Pharma & Biotech — 9.2%
- Retail — 9.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.0% | — | — |
| 2025 | 4.6% | — | — |
| 2024 | 22.9% | — | — |
| 2023 | 42.4% | — | — |